‘Gangs of London’ Producers Claim They’re Owed $20 Million From Vice Over Pulse Films Sale

The founders of “Gangs of London” producer Pulse Films claim they are owed more than $20 million over the sale of the studio to Vice Media in 2021. Thomas Benski and Marisa Clifford, who founded Pulse Films in 2005, allege Vice still owes them $20.43 million after acquiring their 22% stake in the company for […]

The founders of “Gangs of London” producer Pulse Films claim they are owed more than $20 million over the sale of the studio to Vice Media in 2021. Thomas Benski and Marisa Clifford, who founded Pulse Films in 2005, allege Vice still owes them $20.43 million after acquiring their 22% stake in the company for […] The founders of "Gangs of London" producer Pulse Films claim they are owed more than $20 million over the sale of the studio to Vice Films in 2021. The founders of “Gangs of London” producer Pulse Films claim they are owed more than $20 million over the sale of the studio to Vice Media in 2021.

Thomas Benski and Marisa Clifford, who founded Pulse Films in 2005, allege Vice still owes them $20.43 million after acquiring their 22% stake in the company for $53.24 million. At the time of the acquisition, which brought Vice’s shareholding to 100%, the duo received $10 million in cash as well as a secured loan note for the remaining $43.24 million. Vice paid the initial instalements but in Sept. 2022 missed a payment of $5 million as well as subsequent payments, leaving a debt of just over $20 million. Under the terms of the secured loan note, Benski and